It all began in 1965 with Genting Highlands Resort on the namesake lush tropical highlands of Malaysia. Genting’s founder, the late Tan Sri (Dr.) Lim Goh Tong embarked on a colossal four-year journey of sheer determination to transform 10,000 acres of impenetrable dense virgin forest 6,000 feet above sea level into the largest integrated resort in the world. Today, the resort, renamed Resorts World Genting is one of Malaysia’s most popular tourist destinations attracting about 20 million visitors a year.
Starting with a single hotel in 1971, Resorts World Genting now boasts six hotels with about 10,000 rooms complemented by indoor and outdoor theme parks and an 18-hole golf course in the vicinity. Here, the longest cable car system in Southeast Asia spanning 3.38 km provides ready access to the hilltop resort.
Genting has since grown from strength to strength and expanded its leisure, gaming and hospitality footprint. It made its mark in the cruise industry as the world’s third largest cruise line with Star Cruises and Norwegian Cruise Line operating in Asia and North America/Caribbean. Genting UK is the largest casino operator in the United Kingdom with over 40 casinos, including the prestigious Crockfords Club, Maxims Casino Club, Colony Club and The Palm Beach in London.
Genting’s influence extended to the United States when our founder helped finance the Mashantucket Pequot Indian tribe’s Foxwoods Resort Casino in Connecticut. This is arguably the main catalyst for the success of Indian gaming in the United States into a multi-billion dollar industry. The same success was repeated with the Seneca Indians of New York at Niagara Falls, cementing its reputation as an astute global gaming company.
In the 1990’s, Genting established itself as a global multinational corporation with diversified interests in plantations, property, biotechnology, power generation, and oil and gas, while leisure and hospitality remained its core business. Genting, comprising its subsidiaries and affiliates, has five public-listed companies on the Singapore, Hong Kong and Malaysia stock exchanges.
Genting’s incumbent Chairman, Tan Sri Lim Kok Thay, took over the reins in 2003. Under his leadership, the Group successfully bid and won the licence to build and operate one of only two integrated resorts in Singapore. The US$4.4 billion Resorts World Sentosa was completed in record time and opened in January 2010. Since then, the Group has also won the bid to develop New York City’s first and only gaming facility. With its opening expected in the late summer of 2011, the development will herald a new era for the Genting Group and its Resorts World brand.